1240 Franklin Street 5
Santa Monica, CA 90404
Listing broker / agent: Redfin Corporation · Gregory Eubanks Jr · 3106637896 · CRMLS
MLS # SB26183398 · Last checked Oct 12, 2026 06:41 UTC
About this property
Discover an exceptional opportunity in the heart of Santa Monica with this spacious top-floor 1-bedroom, 1-bath condo offering an impressive 959 square feet of comfortable living space. Set within an intimate 7-unit building, this residence also features remarkably low HOA dues of just $387 per month. Step inside to a bright and inviting interior featuring laminate flooring and a generous living room anchored by a decorative fireplace. A spacious walk-in coat closet provides excellent storage, while the adjoining enclosed balcony with expansive windows and track lighting creates a versatile bonus space ideal for a home office, reading retreat, or additional lounge area. The spacious kitchen is filled with natural light from a wide window and features stainless steel appliances, including a KitchenAid cooktop, refrigerator, microwave, oven, and dishwasher. Double sinks and a convenient breakfast counter with bar seating make the kitchen both functional and welcoming. The oversized bedroom offers plenty of room to unwind, along with shutters, crown molding, and a large connected closet with two access doors, providing abundant storage. The full bathroom features a wide vanity and a tub/shower combination with sliding glass doors. Adding to the convenience is the highly desirable in-unit stackable washer and dryer. Complete with one assigned parking space, this Santa Monica gem puts you moments from Bristol Farms, Trader Joe’s, Wilshire Boulevard, Santa Monica Boulevard, the Metro E Line, and an incredible selection of shopping, dining, entertainment, and everything the Westside has to offer.
Property details
- MLS number
- SB26183398
- Status
- Active
- Type
- Residential
- Subtype
- Condominium
- Beds / baths
- 1 Beds • 1 Baths
- Living area
- 959 Sq Ft
- Lot size
- 0.1867 acres
- Year built
- 1965
- Stories
- 1
More property detailsCollapse
Listing
- Days on market
- 47
Building
- Year built
- 1965
- Year built source
- Public Records
- Stories
- 1
- Building stories
- 2
- Levels
- One
- Entry level
- 2
- Living area source
- Assessor
Bathrooms
- Full bathrooms
- 1
Rooms & interior
- Main-level bedrooms
- 1
- Main-level bathrooms
- 1
- Rooms
- Kitchen, Living Room
- Appliances
- Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator, Range Hood, Water To Refrigerator, Water Purifier, Washer
- Interior features
- Solid Surface Counters
- Flooring
- Laminate, Tile
- Heating
- Fireplaces, Natural Gas, Wall Furnace
- Cooling
- None
- Fireplace
- Gas, Living Room
- Laundry
- Washer Hookup, Inside, Laundry Closet, Stacked
Exterior & parking
- Total parking spaces
- 1
- Garage spaces
- 1
- Parking
- Assigned, Concrete, Covered, Carport, Garage, Garage Door Opener, Gated, Garage Faces Rear, Storage
- Attached garage
- No
- Pool
- None
- Spa
- None
- Lot size source
- Assessor
- Property outlook
- Neighborhood
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Urban
- Association amenities
- Maintenance Front Yard, Trash, Water
Fees & lease terms
- Association
- Yes
- Association fee
- $350.00
- Association fee frequency
- Monthly
- Additional association fee
- $37.00
- Additional fee frequency
- Monthly
Schools reported in the listing
- High school district
- Santa Monica-Malibu Unified
School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Brockton Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.6 mi |
| McKinley Elementary (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica | Not reported | 0.6 mi |
| University High School Charter (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 9–12 | 0.7 mi |
| Brentwood Science (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.8 mi |
| Franklin Elementary (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica | Not reported | 0.8 mi |
| New West Charter (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 6–12 | 0.9 mi |
| Edison Elementary (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica | Not reported | 1.1 mi |
| Lincoln Middle (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica | 6–8 | 1.3 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $775,000
- MLS-reported original asking price
- $775,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 05:47 | $775,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Santa Monica
Active residential homes for sale in Santa Monica, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
12 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-12 07:47 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗